Latest Flood Headlines

All the headlines from our Flood Topic Page, ordered by recency.

Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re

Apr 18 2022 // More than 50 severe flood events around the world caused combined economic losses of $82 billion in 2021, while insured losses stood at slightly more than $20 billion — more evidence of a large ongoing global...

Update: South Africa’s Deadliest Floods in 6 Decades Claim More Than 300 Lives

Apr 14 2022 // South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government to free up funds to assist with reconstruction in the area.The heaviest rainfall in at...

Walgreens Flooded Florida with Opioids, State Lawyer Tells Jury

Apr 12 2022 // Walgreens Boots Alliance Inc. supplied billions of opioid pills to drug addicts and criminals, contributing to an addiction epidemic in Florida, a lawyer for the state said Monday in a civil trial against the pharmacy...

Families Blame CSX for Tennessee Flooding that Killed 20 in August

Apr 11 2022 // Ten families are suing CSX Transportation for up to $450 million over flooding that killed 20 people in Tennessee last year, claiming a clog underneath the railroad giant’s bridge in rural Waverly allowed a...

Reinsurers to Bear Brunt of Australia Flood Claims: AM Best

Apr 5 2022 // The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact on primary insurers’ balance sheets, according to an AM Best report.The flooding...

Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes

Mar 31 2022 // Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their flood insurance policies, thanks to the federal government’s new flood-risk rating...

Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re

Mar 30 2022 // More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured losses stood at slightly more than US$20 billion – more evidence of a large ongoing global...

March 2021 Floods in New South Wales, Queensland Cost Insurers A$688M: PERILS

Mar 28 2022 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and final industry loss estimate for the New South Wales and Queensland floods, which...

The National Alliance Launches NEW Self-Paced Courses: Intro to Commercial/Personal Lines, Flood, Ethics, Workers Compensation

Mar 24 2022 // Austin, TX., March 24, 2022 – The National Alliance for Insurance Education & Research has launched five self-paced insurance license renewal and introductory classes on the topics of Ethics, NFIP Flood Exposures,...

Flood Specialist reThought Provides Resources for Understanding NFIP Risk Rating 2.0

Mar 23 2022 // Broomfield, CO., March 23, 2021, – Insurtech MGA reThought Insurance (‘reThought’) is offering rate reviews for flood insurance brokers poised to see unspecified rate adjustments from the National Flood...

Washington Addressing Flooding That Has Displaced Residents Near Border

Mar 21 2022 // U.S. and Canadian government leaders have agreed to work together to address flooding near the northwest Washington state border with Canada on the Nooksack River.The Bellingham Herald reported Washington state Gov. Jay...

Minnesota Officials Propose Flooding Infrastructure Improvements

Mar 16 2022 // Local officials and area representatives gathered recently in a sunroom by Lake George to discuss the need to invest in local infrastructure as more frequent and heavy rain events caused by climate change strain aging...

HUD: Texas Agency Discriminated in Hurricane Harvey Flood Relief Funding

Mar 10 2022 // Texas’ administration of flood relief money from Hurricane Harvey broke federal law by discriminating against Black and Hispanic residents in the Houston area, according to a decision by the federal housing agency...

Sydney Faces ‘Tough 24 Hours’ as Floods Force Evacuations

Mar 8 2022 // Flood warnings stretched across Australia’s east coast on Tuesday and tens of thousands of Sydney residents fled their homes as torrential rains again pummeled the country’s largest city, flooding several big...

Property, Motor Vehicle Insurance Claims From Severe Australia Floods at A$900M and Rising

Mar 4 2022 // Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of...

Report: Nearly a Third of U.S. Hazardous Chemicals Facilities Exposed to Climate Change Dangers

Mar 3 2022 // A report from the Intergovernmental Panel on Climate Change stating that climate change is leading to increasingly irreversible impacts, with a narrowing window to adapt to it, is garnering a lot of reaction.The IPCC...

Record Floods on Australia’s East Coast Have Cost At Least 14 Lives

Mar 3 2022 // Sydney was preparing on Wednesday for dangerous flash flooding as population centers farther north began a massive cleanup operation after record floods that have claimed at least 14 lives along Australia’s east...

Louisiana Lawmaker to Hold Flood Insurance Program Townhall

Mar 2 2022 // Louisiana Congressman Garret Graves, St. Charles Parish President Matthew Jewell, FEMA representatives, and members from the St. Charles Parish Council will host a townhall meeting on Thursday, March 3, 2022, 6:00 PM to...

Flash Floods Threaten 126,000 Commercial Buildings in London, and Risk Will Worsen

Feb 25 2022 // More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat.Those are the findings of a new study by Zurich Insurance Group, which mapped every commercial and...

Update: Devastating Mudslides, Floods Bring Rising Death Toll in Brazil

Feb 18 2022 // PETROPOLIS, Brazil (AP) – Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away homes and cars in the city of Petropolis. But even as families prepared to bury their...